Equity definition
Examples of Equity in a sentence
Accordingly, any Equity Award granted to Employee by the Company shall be subject to forfeiture until vesting.
The Company grants its employees Equity Awards as additional long-term incentive compensation to better align employees’ interests with those of the Company’s stockholders.
Incentive Bonus awards may, in the discretion of the Board or the Compensation Committee, and subject to conditions determined by the Board or the Compensation Committee, in either of their sole discretion, be granted as an Equity Award according to Section 4.c of this Agreement, or as a cash award.
For the avoidance of doubt, except as otherwise agreed by the Company in writing, Employee shall not be guaranteed any minimum Equity Award at any time during the Employment Term.
The IPO Equity Awards shall be granted on the date of closing of the IPO, and subject to the terms of the Equity Plan and the applicable form of award agreement.